Friday, December 14, 2018
All News
Nano Coatings for Textiles - The Future has Arrived: Infiniti Research
January 24, 2017
LONDON--(BUSINESS WIRE)--Nanopolymer research has exploded since its discovery around 10 years ago and is shaping the future of the textile coatings industry. This technology is invisible to the naked eye, yet is all around us, as it is used in many applications like cars, home furniture, and now textiles and clothing. Nano coatings in
Hexion’s Oilfield Technology Group Announces New Dust Suppressant Solution
January 24, 2017
THE WOODLANDS, Texas--(BUSINESS WIRE)--SPE HYDRAULIC FRACTURING TECHNOLOGY CONFERENCE - The Oilfield Technology Group (OTG) of Hexion Inc. (Hexion) today announced the release of its Sentinel™ dust suppressant. This new technology is designed to reduce dust generated from uncoated frac sand. Hexion’s Sentinel dust suppressant is a
Mitsubishi Heavy Industries Expands North American Oil & Gas Business within MHIA
January 24, 2017
TOKYO & HOUSTON--(BUSINESS WIRE)--Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011) has established a specialized Oil & Gas Division within Mitsubishi Heavy Industries America, Inc. (MHIA), its Houston-based U.S. subsidiary. By strengthening the combined functions for various products handled by the Group, such as compressors and gas
LSB Industries, Inc. Schedules 2016 Fourth Quarter Financial Results Release for Monday, February
January 24, 2017
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (“LSB”), (NYSE:LXU), today announced that it will release its financial results for the fourth quarter ended December 31, 2016 on Monday, February 27, 2017, after the close of the stock market. LSB’s management will host a conference call on Tuesday, February 28, 2017 at 10:00
AgroFresh Realigns Commercial and Marketing Teams to Drive Growth and Support Diversification
January 24, 2017
PHILADELPHIA--(BUSINESS WIRE)--AgroFresh (NASDAQ: AGFS), a global leader in produce freshness solutions, today announced transformational changes to its organizational structure and executive leadership team to support the Company’s strategic growth and diversification objectives. The new organizational structure will improve focus and
3M Reports Fourth-Quarter and Full-Year 2016 Results
January 24, 2017
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported its fourth-quarter and full-year 2016 results. “The fourth quarter capped a successful year for our enterprise, as we posted double-digit growth in earnings-per-share, expanded margins and delivered robust cash flow,” said Inge G. Thulin, 3M’s chairman, president and
Accuride Introduces New Quantum 99™ Alloy, 40 lb. Aluminum Wheel
January 24, 2017
LAS VEGAS--(BUSINESS WIRE)--Accuride Corporation – a leading supplier of components to the North American and European commercial vehicle industries – today introduced its new Quantum 99™ aluminum alloy, the strongest, most advanced alloy for aluminum wheels in the commercial vehicle industry. Quantum 99 is 20 percent stronger
U.S. Commercial Vehicle Market Saw Small Decline Last Year; Slight Uptick Possible for 2017, IHS
January 24, 2017
SOUTHFIELD, Mich.--(BUSINESS WIRE)--New registrations of Class 8 commercial vehicles in the U.S. declined 19.7 percent through November 2016, based on the latest analysis by business information provider IHS Markit (NASDAQ: INFO). The decline among Class 8 vehicles contributed significantly to an overall drop of 3.5 percent for the full commercial
New Omnicraft™ Brand to Sell Quality, Competitively-Priced Parts for All Vehicle Brands at Ford
January 24, 2017
DEARBORN, Mich.--(BUSINESS WIRE)--Ford dealers now have access to a complete family of parts to sell and to service all makes of vehicles as the Ford Customer Service Division (FCSD) launches its new Omnicraft brand. Adding Omnicraft to Ford’s family of parts line to also cover non-Ford vehicles means an improved customer experience through
Accuride Light-Weighting Continues With Two New Accu-Lite® Steel Wheels
January 24, 2017
LAS VEGAS--(BUSINESS WIRE)--Accuride Corporation – a leading supplier of components to the North American and European commercial vehicle industries – continued its light-weighting leadership with the introduction of two new two- and five-hand-hole versions of its popular Accu-Lite® 22.5 x 8.25 steel wheels. The new wheels are each
Accuride Extends Warranties on Steel Armor™, EverSteel® Coating Technologies
January 24, 2017
LAS VEGAS--(BUSINESS WIRE)--Accuride Corporation – a leading supplier of components to the North American and European commercial vehicle industries – demonstrated its confidence in the corrosion-resistant properties of its advanced Steel Armor™ and EverSteel® steel wheel coating technologies by extending their warranties. The
Polaris Reports 2016 Fourth Quarter and Full Year Results
January 24, 2017
MINNEAPOLIS--(BUSINESS WIRE)--Polaris Industries Inc. (NYSE: PII) today reported fourth quarter 2016 sales of $1,217.8 million up 10 percent from $1,105.6 million for the fourth quarter of 2015. Fourth quarter 2016 reported net income was $62.6 million, or $0.97 per diluted share, compared with $110.7 million, or $1.66 per diluted share, for the
Microlab Announces the Release of a New Digital GPS Repeater Product Line
January 24, 2017
PARSIPPANY, N.J.--(BUSINESS WIRE)--Microlab, a Wireless Telecom Group Company (NYSE MKT:WTT) today announced a new product line of Digital GPS Signal Repeaters and Splitters. The GPSR series repeaters and GPSS series splitters incorporate Microlab’s new patent-pending Digital SkyTiming Technology™ which provides advanced GPS timing and
McLaren Racing Signs New Four-Year Partnership with Stratasys to Bring Additive Manufacturing to
January 24, 2017
MINNEAPOLIS & SURREY, UK--(BUSINESS WIRE)--McLaren Racing and Stratasys (Nasdaq: SSYS) are delighted to announce a new four-year partnership under which Stratasys will supply McLaren Racing with a suite of 3D printing and additive manufacturing solutions, as the Official Supplier of 3D Printing Solutions to the McLaren-Honda Formula 1
NOAA Releases First GOES-16 Image from Harris Corporation-Built Imager and Ground System
January 24, 2017
MELBOURNE, Fla.--(BUSINESS WIRE)--The National Oceanic and Atmospheric Administration (NOAA) has released the first image taken by Harris Corporation’s (NYSE:HRS) Advanced Baseline Imager (ABI) onboard their next-generation weather satellite. The image taken from the Geostationary Operational Environmental Satellite-16 (GOES-16) is of
Teledyne Announces Fourth Quarter and Full Year 2016 Earnings Webcast Details
January 24, 2017
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) will hold a conference call to discuss its fourth quarter and full year 2016 results on Thursday, February 2, 2017, at 8:00 a.m. Pacific. A press release with the fourth quarter and full year financial results will be issued before the opening of the New York
Harris Corporation to Announce Second Quarter Results on Thursday, February 2, 2017
January 24, 2017
MELBOURNE, Fla.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) will host a conference call on Thursday, February 2, 2017, at 8:30 a.m. Eastern Time (ET) to discuss its second quarter fiscal year 2017 financial results. The company will issue a press release reporting its second quarter earnings at approximately 6:30 a.m. ET. The dial-in numbers
AerCap Signs Lease Agreement with Loong Air for 20 New Aircraft
January 24, 2017
DUBLIN--(BUSINESS WIRE)--AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced it has signed a lease agreement for twenty new aircraft with Chinese carrier, Loong Air. The signing ceremony took place in Hangzhou between AerCap Chief Executive Officer, Aengus Kelly and Loong Air Chairman, Liu Qihong. This agreement represents the
Terry Crimmins Named President of BAE Systems, Inc. Electronic Systems Sector
January 24, 2017
ARLINGTON, Va.--(BUSINESS WIRE)--BAE Systems, Inc. today announced that Terry Crimmins has been appointed president of the Electronic Systems sector, based in Nashua, New Hampshire. In the role, Crimmins joins the executive leadership team of BAE Systems, Inc., led by President and CEO Jerry DeMuro. “Terry brings diverse experience in
ATI Announces Fourth Quarter and Full Year 2016 Results
January 24, 2017
PITTSBURGH--(BUSINESS WIRE)--Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2016 sales of $796 million and net income attributable to ATI of $10 million, or $0.09 per share. Fourth quarter 2016 results include $29 million of pre-tax restructuring charges, including $13 million for additional High Performance Materials &
AerCap Holdings N.V. Announces Pricing of $600 Million Aggregate Principal Amount of Senior Notes
January 24, 2017
DUBLIN--(BUSINESS WIRE)--AerCap Holdings N.V. (“AerCap” or the “Company”) (NYSE: AER) announced today that AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust (together, the “Issuers”), each a wholly-owned subsidiary of the Company, priced their offering of senior notes, consisting
AerCap Holdings N.V. Announces Amend and Extend of $2.25 Billion Term Loan Facilities
January 24, 2017
DUBLIN--(BUSINESS WIRE)--AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced that it has amended and extended two term loan facilities for the total amount of $2.25 billion. AerCap’s $0.75 billion term loan facility, originally put in place by ILFC in February 2012, was amended and extended in December 2016. The maturity
Superior Essex Lights Up BICSI 2017 with IoT Solutions
January 23, 2017
ATLANTA--(BUSINESS WIRE)--Recent advances in communications technologies and the rapid growth of the Internet of Things (IoT) have allowed end-users to rethink the way they control, light, and live in their environments. Increasingly, building systems, services and devices are interconnected over local and global networks, allowing end-users to
Specialty Commodities, Inc. Issues Allergy Alert on Undeclared Cashew Allergen in Dry Roasted
January 23, 2017
CHICAGO--(BUSINESS WIRE)--Specialty Commodities, Inc. (SCI), a subsidiary of Archer Daniels Midland Company (NYSE: ADM), is recalling a specific lot of dry roasted almonds because they may contain undeclared cashews. People who have an allergy or severe sensitivity to cashews run the risk of a serious or life-threatening allergic reaction if they
Funko Announces Acquisition of Underground Toys Limited Business
January 23, 2017
EVERETT, Wash.--(BUSINESS WIRE)--Funko, one of the leading creators and innovators of licensed pop culture products, announced today that it has completed an agreement to acquire substantially all of the assets of Underground Toys Limited (UTL), a leading creator, manufacturer and distributor of licensed products. Financial terms of the transaction
Enabling Farmers to Improve Agricultural Prosperity in Africa
January 23, 2017
DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, today held its sixth annual AGCO Africa Summit in Berlin, Germany. A joint initiative of AGCO, Bayer CropScience, Rabobank, De Lage Landen, Trelleborg and Fuse Connected Services, this year’s Summit
BizVibe Textile and E-commerce News: China Continues to Lead Markets Despite Labor Competition
January 23, 2017
LONDON--(BUSINESS WIRE)--Despite global economic fluctuations and the beginning of a migration from China to other Asian countries with lower labor costs, recent reports show that China is still a world leader in many markets. Details on the country’s performance and future prospects are some of this week’s featured stories on BizVibe.
Reynolds Group Holdings Limited Announces Intention to Re-Price its Existing Term Loans
January 23, 2017
NEW YORK--(BUSINESS WIRE)--Reynolds Group Holdings Limited (“Reynolds Group”) today announced that it is seeking to re-price its existing $3,315 million and €249 million senior secured term loans. Reynolds Group anticipates the transaction to be completed in February 2017. However, there can be no assurance that Reynolds Group will
Rayonier Advanced Materials Announces First Quarter 2017 Mandatory Convertible Preferred Stock
January 23, 2017
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a first quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company. The dividend is payable on February 15, 2017 to the preferred
OMNI Systems Receives Smart Business “Evolution of Manufacturing” Award
January 23, 2017
CLEVELAND--(BUSINESS WIRE)--OMNI Systems™, Inc. (www.omnisystem.com), the industry’s leading high quality-low price thermal label converter, has received the 2017 “Evolution of Manufacturing” Award by Smart Business Magazine. OMNI is one of twelve companies that will receive the award at this year’s Evolution of
Fisher® Nuts and Food Network Chef Alex Guarnaschelli Unveil “Live Life Unshelled” Campaign
January 23, 2017
ELGIN, Ill.--(BUSINESS WIRE)--To celebrate their 5-year partnership, Fisher® nuts and Food Network Chef Alex Guarnaschelli announced the launch of #LiveUnshelled. The new social campaign encourages consumers to go beyond their comfort zones to “experiment, improvise, and find an unexpected crunch” in their cooking and in other parts
Fabrinet to Announce Second Quarter Fiscal-Year 2017 Financial Results on February 6, 2017
January 23, 2017
BANGKOK--(BUSINESS WIRE)--Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced it will release its second quarter fiscal-year 2017 financial results for the period ended December
DRY Soda Co. Unveils Ginger DRY Sparkling in Convenient Slim Cans
January 23, 2017
SEATTLE--(BUSINESS WIRE)--DRY Soda Co., creator of lightly sweet, culinary-inspired sodas, is excited to unveil its bold and spicy Ginger DRY Sparkling flavor in easily transportable 12 oz. aluminum cans at the 2017 Winter Fancy Food Show from January 22-24. Show attendees can see and taste the new offering at booth 1379 in the North Hall.
Seychelle Reports Q3 Loss While Anticipated Guidance Indicates a Strong Recovery and a Potential
January 23, 2017
ALISO VIEJO, Calif.--(BUSINESS WIRE)--Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc. (Seychelle, we, us, our or the Company) (OTCQB: SYEV), a worldwide leader in the development, assembly and sale of proprietary portable water filtration bottles, made several announcements today. For Q3 period ended
Bokados Builds Plant in Queretaro
January 23, 2017
QUERETARO, Mexico--(BUSINESS WIRE)--Arca Continental, S.A.B. de C.V. (“Arca Continental” or “the Company”) (BMV: AC*), the second largest Coca-Cola bottler in Latin America, announced yesterday to the state authorities of Queretaro that it is opening its third snacks production plant for Bokados, as part of its strategic
Martin Pugh, EVP and COO, to Retire from Trinseo
January 23, 2017
BERWYN, Pa.--(BUSINESS WIRE)--Trinseo (NYSE:TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today that Martin Pugh, Executive Vice President and Chief Operating Officer of Trinseo, will retire effective March 1, 2017. The COO position was established as an interim role in 2015 while
Silgan Announces Agreement to Acquire WestRock’s Specialty Closures and Dispensing Systems
January 23, 2017
STAMFORD, Conn.--(BUSINESS WIRE)--Silgan Holdings Inc. (NASDAQ:SLGN), a leading supplier of rigid packaging for consumer goods products, announced today that it has entered into a definitive agreement with WestRock Company (NYSE:WRK) to acquire its specialty closures and dispensing systems business. This business is a leading global supplier of
OSI Systems Announces Second Quarter Conference Call
January 23, 2017
HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, January 26, 2017 at 1:30pm PT (4:30pm ET) to discuss its results for the quarter ended December 31, 2016. This call is being webcast by NASDAQ OMX or through the investor relations section at
Berry Plastics Completes Acquisition of AEP Industries Inc.
January 23, 2017
EVANSVILLE, Ind.--(BUSINESS WIRE)--Today, Berry Plastics Group, Inc. (NYSE: BERY) completed the previously announced acquisition of AEP Industries Inc. (AEP). Berry issued 6.5 million common shares and paid $297 million as merger consideration in exchange for all of the outstanding shares of AEP common stock and outstanding AEP equity awards.
Global Industrial Robotics Services Market to Witness Growth Through 2021, Owing to Increase in
January 23, 2017
LONDON--(BUSINESS WIRE)--Technavio market research analysts forecast the global industrial robotics services market to grow at a CAGR of more than 9% during the forecast period, according to their latest report. The market study covers the present scenario and growth prospects of the global industrial robotics services market for 2017-2021. The
Luxoft Schedules Earnings Release and Conference Call To Discuss Financial Results for the Three and
January 23, 2017
NEW YORK--(BUSINESS WIRE)--Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, will announce its financial results for the three and nine months ended December 31, 2016 on Tuesday, February 14, 2017 after market close. A conference call will be conducted with the
New Large Diameter High-Performance Pipe Introduced by Advanced Drainage Systems
January 23, 2017
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading global manufacturer of water management solutions, today announced its latest breakthrough in storm water pipe technology, HPXRTM 75. This new technology provides heightened levels of stiffness, is available in a range of sizes, and yields significant cost
Praxair Signs Long-Term U.S. Gulf Coast Hydrogen Supply Agreement with Marathon Petroleum
January 23, 2017
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) has signed a long-term contract to supply hydrogen to Marathon Petroleum Corporation’s refinery in Garyville, Louisiana. The company will use the hydrogen to support an ultra-low-sulfur diesel project planned for 2018. Marathon Petroleum is the third-largest transportation fuels
U.S. Water Wins Appeal in Patent Infringement Case Against Novozymes in U.S. Court of Appeals for
January 23, 2017
ST. MICHAEL, Minn.--(BUSINESS WIRE)--U.S. Water announces that on December 15, 2016, the United States Court of Appeals for the Federal Circuit, which hears patent appeals from all U.S. district courts, vacated an adverse judgment against it by the District Court for the Western District of Wisconsin. The Court of Appeals overturned a decision by
Gregory Rogers Named Field Development Manager—Northeast/Great Lakes for Biopesticide Company
January 23, 2017
COLUMBIA, Md.--(BUSINESS WIRE)--Gregory S. Rogers joins Certis USA as Field Development Manager for the biopesticide company’s Northeast/Great Lakes territory. Rogers now serves as the lead technical representative for field research, product development and sales technical support for the northeastern U.S. (New England, Mid-Atlantic and
Efficient Drivetrains, Inc. (EDI) Awarded Bus Fleet Order for the City of Sheyang, China
January 23, 2017
MILPITAS, Calif.--(BUSINESS WIRE)--Efficient Drivetrains, Inc. (EDI), a global leader in advanced high-efficiency zero emissions hybrid and electric vehicle drivetrain solutions announced today that it has received a major order for its EDI PowerDrive™ 6000 systems from the city of Sheyang in China. The company is supplying its drivetrain
Hyundai Mobis Validates Component Performance in Extremely Cold Conditions
January 23, 2017
SEOUL, South Korea--(BUSINESS WIRE)--Hyundai Mobis (KRX: 012330) traditionally begins each year with extreme cold weather tests to verify the design, engineering and performance of automotive components. The 2017 Winter Tests are scheduled for 9 weeks in China and Sweden starting in January, and for 4 weeks in New Zealand starting from June. Every
Kubota Introduces the New KX033-4 Compact Excavator
January 23, 2017
LAS VEGAS--(BUSINESS WIRE)--Kubota Tractor Corporation announces the KX033-4 compact excavator, the newest member of the popular KX series. Designed for efficiency, built for stability and created for comfort, the KX033-4 delivers Kubota power and style to the 3-ton class. The KX033-4 now shares many of the standard features that Kubota’s
Registration Opens for QAD Explore 2017 Customer Conference
January 23, 2017
SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services for global manufacturing companies, today announced that it has opened registration for its annual customer conference, QAD Explore, being held May 8-11, 2017 at the Detroit Marriott at the Renaissance Center in
EPC Development Board Shows the Ultra Fast Transition Capability of eGaN® FETs over MOSFETs Giving
January 23, 2017
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Efficient Power Conversion Corporation (EPC) announces the availability of the EPC9126, a 100 V high current pulsed laser diode driver evaluation board. In a LiDAR system, used for detecting objects in autonomous vehicle applications, speed and accuracy of detection is critical. As demonstrated by this board,